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March 6, 2021

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Reddit Hires First Chief Financial Officer as It Prepares for I.P.O.

New York Times
SAN FRANCISCO — The world’s most popular internet message board is thinking about going public. Reddit, the social network and online bulletin, said on Thursday that it had appointed its first chief financial officer, Drew Vollero, in a move toward tidying up the company’s books before an eventual public offering......

Olympics: Tokyo 2020 chief vows to revive public passion for Games

Reuters
TOKYO (Reuters) – Tokyo 2020 President Seiko Hashimoto promised on Friday to revive the Japanese people’s passion for the Summer Olympics and “turn their concerns into excitement.” FILE PHOTO: Seiko Hashimoto, President of the Tokyo 2020 Organising Committee, speaks during a media briefing after a council meeting in Tokyo, Japan......

Capitol Police Chief Asks to Extend National Guard Presence

New York Times
WASHINGTON — The acting chief of the Capitol Police formally asked the Defense Department on Thursday to keep thousands of National Guard troops on Capitol Hill beyond their scheduled departure next week as she warned of an increase in threats against lawmakers. The request came only after Yogananda D. Pittman,......

D.C. National Guard chief: Pentagon dragged its feet on Jan. 6 backup

Politico
Politico.com – For more and to sign up click here But Walker says he didn’t get a response until after 5 p.m. — well after rioters had overtaken the Capitol, sending lawmakers fleeing for safety. He singled out then-acting Defense Secretary Christopher Miller in particular as he described the slow-walking......

Exxon Mobil’s Chief Says It Is ‘Supportive’ of Zero-Emission Goals

New York Times
HOUSTON — Darren W. Woods rarely makes headlines even though he is the chief executive of Exxon Mobil, the oil company that some people consider a top environmental villain and others think of as a vital engine of the U.S. economy. Few have taken seriously, or even noticed, that he......

Neera Tanden removes herself from consideration for budget chief

CBS News
CBS News – For more and to sign up click here Neera Tanden, President Biden‘s choice to lead the powerful Office of Budget and Management, has removed herself from consideration as the nominee, the White House said Tuesday. Tanden sent a letter to Mr. Biden explaining her decision. Tanden’s confirmation......

Neera Tanden withdraws from nomination as Biden budget chief

CNBC
CNBC – For more and to sign up click here Neera Tanden, President Joe Biden’s nominee for Director of the Office of Management and Budget (OMB), attends a hearing with the Senate Committee on the Budget on Capitol Hill in Washington, February 10, 2021. Anna Moneymaker | Pool | Reuters......

Hedge fund chief Thomas Sandell pays $105 million to settle New York tax fraud claim

CNBC
CNBC – For more and to sign up click here Hedge fund founder Thomas Sandell on Tuesday paid a whopping $105 million to settle claims that he fraudulently evaded New York city and state taxes on more than $450 million on fees he earned, officials said. The settlement — of......

No evidence U.S. Capitol rioters belong to antifa movement, FBI chief Wray testifies

Reuters
WASHINGTON (Reuters) – FBI Director Chris Wray on Tuesday debunked conspiracy theories promoted by right-wing supporters of former President Donald Trump, saying there was no evidence that leftist extremists disguised themselves as Trump supporters to storm the U.S. Capitol. In testimony to the U.S. Senate Judiciary Committee, Wray also told......

Macy’s Operating Chief Harper to depart, the post will remain vacant amid other leadership changes

CNBC
CNBC – For more and to sign up click here Macy’s Herald Square Flagship Department Store in Midtown Manhattan New York. Nicolas Economou | NurPhoto | Getty Images Macy’s announced Monday a number of management changes as the department store looks to overhaul its business and woo back customers who......

Armenian president refuses to fire armed forces chief at center of political crisis

Reuters
People attend an opposition demonstration to demand the resignation of Armenian Prime Minister Nikol Pashinyan in Yerevan, Armenia February 26, 2021. REUTERS/Artem Mikryukov MOSCOW (Reuters) – Armenian President Armen Sarkissian has refused to fire the head of the general staff of the country’s armed forces after he was dismissed by......

U.N. rights chief decries violations in China’s Xinjiang, hopes for visit

Reuters
FILE PHOTO: U.N. High Commissioner for Human Rights Michelle Bachelet speaks during a news conference at the European headquarters of the United Nations in Geneva, Switzerland, December 9, 2020. REUTERS/Denis Balibouse GENEVA (Reuters) – United Nations human rights chief Michelle Bachelet said on Friday that China is restricting basic civil......

Capitol Police chief: Security will remain high due to State of the Union threat

Politico
Politico.com – For more and to sign up click here “Based on that information,” she added, it’s “prudent that Capitol Police maintain its enhanced security posture until we address those issues going forward.” Pittman said existing intelligence has underscored that insurrectionists who stormed the Capitol “weren’t only interested in attacking......

SEC to focus on climate disclosures in company filings – acting chief

Reuters
FILE PHOTO: The U.S. Securities and Exchange Commission logo adorns an office door at the SEC headquarters in Washington, June 24, 2011. REUTERS/Jonathan Ernst WASHINGTON (Reuters) – The acting chief of the Securities and Exchanges Commission said on Wednesday the agency will “enhance” its focus on climate-releated disclosure in public......

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